Loan Fund Administrator

Company: https://sharedcapital.coop/

Location: St. Paul, MN

Job Function: Administrative/Operations/IT


Background

Shared Capital Cooperative is a $25 million+ national CDFI loan fund with a successful, 45-year track record of financing consumer, small producer, housing, and worker-owned cooperatives. We’re building a just, equitable, and democratic economy by investing in cooperative enterprises. Shared Capital is democratically owned and governed by more than 300 cooperatives across 36 states. We’re a small and growing company.

Summary

You’re a detail-oriented financial services professional who strives for efficiency. You love databases. Maybe you’ve done some loan closing, or you’ve been a loan or investments administrator, and now you’re looking to put your skills to work making a positive change in the world with a company you feel good about. We offer exceptional benefits and the opportunity to work with a dedicated team of like-minded individuals.

You’ll be collaborating with our entire team, and you’ll be spending a good amount of time communicating with a diverse universe of borrowers and investors. You’ll become an expert in our loan and investment database system. It’s a fast-paced job with a lot of moving parts.

Responsibilities

We’re looking for a full-time Loan Fund Administrator. The primary functions of this job are:

  • Create and maintain accurate borrower and investor records.
  • Contribute to efficient and ever-improving lending and investment processes.
  • Provide excellent internal and external customer service.

Requirements

A passion for economic justice, and an understanding of cooperatives as a tool for achieving that end.

You feel strongly about efficiency, process, and continuous improvement.

Compensation and Benefits

The yearly salary range for this position is $59,000-$75,000, depending on your qualifications. Remote work is possible. We encourage professional development. We work out of a friendly, accessible, open-plan office.

Why Should You Apply?

  • Great benefits and competitive salary
  • Solid, growing company with 40-year history
  • Professional development opportunities
  • Flexible work schedule, including some remote working opportunities
  • Working for economic democracy and justice

 

How to Apply

Email a résumé (required) and cover letter (optional) (.doc or .pdf format, please) to [email protected]. Visit https://sharedcapital.coop/jobs for a link to the full job description.

Shared Capital Cooperative is an Equal Opportunity Employer

At Shared Capital, we make employment decisions based on merit, competence, performance, and business needs. We celebrate difference. We’re committed to building a diverse and inclusive organization and recognize the fact that our different cultures, backgrounds, perspectives, and ways of being strengthen our company, as well as our communities. We don’t discriminate on the basis of race, color, creed, religion or belief, national origin, political affiliation, age, marital, civil union or domestic partnership status, disability, public assistance status, prior convictions, personal credit score, past or present military service status, family medical history or genetic information, family or parental status, sexual orientation, gender identity, or gender expression. We desire a diverse pool of applicants and encourage applications from women, people of color, LGBTQIA+, and immigrant communities.